Hey BP,I was talking with a friend of mine about investing goals recently. He mentioned thinking about selling one of his properties:-Triplex-Currently rent is under market. I believe each unit pays around $800. He...
Rookie investor seeking advice: Owner occupied property, conventional loan, qualified for 3% DP, sounds like a great deal for starter home buyers with less cash, and allow for greater appreciation for house-hacking ow...
Hello all,
my partner and I are new to the game and she has found a property and wants to explore being able to split a duplex into two tax lots. this does not sound in anyway advantageous to me but wanted to check ...
I have 5 properties: my family residence and 4 rental properties. My banker suggested that I consolidate the loans on these properties into one loan at the estimated current value of all the properties. That way I wil...
Hi Bigger Pocket Members, I am currently trying refinance my property and trying to determine the best method for proceeding with the process. One of my lenders is stating all estimates will be changed at closing. ...
I'm working on my Schedule E for last year. I have two properties. Property 1 was available for rent 11/15/16. Property 2 was available for rent 12/28/16. When calculating depreciation, it's my understand you can use ...
Hey BP!I was hoping to get some input on a potential opportunity that has come my way. I have yet to see the property but I ran some very conservative numbers and am still showing decent cash flow. The duplex has alre...
Hello BP, I have a 2 family property that I own free and clear in North Bergen, NJ. It’s sits on a double lot. I want to look into splitting the 2 parcels and building aanother 2 family next door. Refinancing it, and ...
Looking to buy my first fix and flip property, and I'm looking to get an idea on how to estimate repair costs. What are some tools or local knowledge I can use?
What is the cost of new construction if the units for a triplex or quadraplex — 2 bed/ 2 bath with 1 car garage consisting of 1,000 sq ft with standard builder fixtures and appliances?